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MPTC tech arm acquires roadside assistance firm

Business | Trade & Industry

MPTC tech arm acquires roadside assistance firm

By Emmie V. Abadilla

At A Glance

To enhance the travel experience of motorists and commuters, MPT Mobility Corp., the technology arm of Metro Pacific Tollways Corporation (MPTC), acquired Assist and Assistance Concept Inc. (AACI), a company wholly-owned by AXA Partners Holding SA.<br>

To enhance the travel experience of motorists and commuters, MPT Mobility Corp., the technology arm of Metro Pacific Tollways Corporation (MPTC), acquired Assist and Assistance Concept Inc. (AACI), a company wholly-owned by AXA Partners Holding SA.

AACI is a leading provider of subscription-based roadside assistance and has been operating in the Philippines since 2011.

In addition to its flagship roadside assistance solutions, AACI also provides Travel and Medical Assistance and other essential offerings.

"With the combination of our expertise and MPTM capabilities, our clients will benefit from a holistic mobility ecosystem,” Ronald Carrillo, AACI CEO said in a statement.

"The acquisition of AACI is a win-win for the parties involved and their respective teams," said MPT Mobility Director Rodrigo Franco.

The partnership enables the provision of service to a broader market, including B2C clients; while bringing MPT Mobility a step closer to its goals of providing an expanded mobility ecosystem on improving customer experience, he elaborated.

The acquisition also enhances AACI's market position as a leading player in the roadside assistance market.

At the same time, it empowers MPTM to augment its mobility solutions for key urban centers across the country.

AACI will operate under the Smart Mobility Solutions Division headed by Vice President Mark Richmund De Leon.

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